Org.nr 988 603 627 2006 → 2007 Year-over-year analysis

ADVOKAT MADS TORRISSEN AS: årsregnskap 2007 vs 2006

Shrank 100% on revenue

approved 2008-05-22; registry 2008-08-30

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2007 with 2006 for ADVOKAT MADS TORRISSEN AS. Revenue 908.3k NOK → 1 119 NOK (-99.9%). Equity 381.6k NOK → 424.8k NOK.

On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT MADS TORRISSEN AS.

Scorecard

Revenue
908.3k NOK 1 119 NOK
-99.9%
Operating result
+94.8k NOK +271.4k NOK
+186.5%
Net result
+248.2k NOK n/m
—
Equity
381.6k NOK 424.8k NOK
+11.3%
Cash
n/m 54.5k NOK
—
Total assets
390.5k NOK 2.73m NOK
+598.3%

What improved

  • ↑

    Operating result improved

    Operating result +94.8k NOK → +271.4k NOK (op. margin 10.4% → 24256.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 381.6k NOK → 424.8k NOK (equity ratio 97.7% → 15.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.38m NOK → 373.7k NOK (152% → 33396% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 908.3k NOK to 1 119 NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 55.61× → 0.75× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 968.3k NOK → 698.7k NOK. Reported fact